Ekornes Limited
Registered name: EKORNES LIMITED
Part of Ekornes Asa groupEkornes Limited made £22.1m revenue and £664k profit in the year to 31 Dec 2025. read from filing text
Ekornes Limited’s revenue fell 3% to £22.1m in the year to 31 Dec 2025, with £664k profit and 23 employees. The company is classified under “manufacture of other furniture” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 53 yrs · since 1973
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £29.1m | £23.4m | £22.8m | £22.1m |
| Cost of sales | £22.7m | £17.3m | £17.2m | £16.5m |
| Gross profit | £6.5m | £6m | £5.6m | £5.6m |
| Operating profit | £1.4m | £985k | £1.1m | £849k |
| Profit before tax | £1.4m | £1m | £1.1m | £889k |
| Profit after tax | £1.1m | £783k | £826k | £664k |
| Profit (best available) | £1.1m | £783k | £826k | £664k |
| Staff costs | £1.5m | £1.3m | £1.4m | £1.4m |
| Employees (average) | 23 | 26 | 23 | 23 |
| Ratios | ||||
| Profit margin | 3.8% | 3.4% | 3.6% | 3% |
| Gross margin | 22.2% | 25.8% | 24.6% | 25.3% |
| Revenue per employee | £1.3m | £899k | £990k | £959k |
| Profit per employee | £48k | £30.1k | £35.9k | £28.9k |
| Cash conversion | −6.3% | −9.7% | −194.4% | −183.3% |
| Growth (year on year) | ||||
| Revenue growth | — | ▼19.8% | ▼2.5% | ▼3.2% |
| Profit growth | — | ▼29% | ▲5.5% | ▼19.7% |
| Headcount growth | — | ▲13% | ▼11.5% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £683k | £722k | £353k | £998k |
| Net assets | £2.5m | £3.3m | £1.8m | £1.9m |
| Fixed assets | £176k | £75.4k | £33.3k | £18.5k |
| Current assets | £6.6m | £6.4m | £4.2m | £5.5m |
| Debtors | £2.6m | £3m | £2.4m | £2.7m |
| Deferred income | £933k | £441k | £473k | £435k |
| Cash from operations | −£87.2k | −£95.3k | −£2.1m | −£1.6m |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 3%
- Profit ÷ revenue.
- Gross margin
- 25.3%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £959k
- Revenue ÷ average employees.
- Profit per employee
- £28.9k
- Profit ÷ average employees.
- Cash conversion
- −183.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 2%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 12.4%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲1%
- Now £1.9m
- Cash at bank
- ▲183%
- Now £998k
- Headcount
- 0%
- Now 23
- Deferred income
- ▼8%
- Now £435k
- Fixed assets
- ▼45%
- Now £18.5k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Ekornes Asa (registered outside the UK register)ultimate parent75–100%
- Ekornes Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Trieste Group One LtdHemel Hempstead · Manufacture of other furniture
- Revenue
- £22.5m
- Profit
- £940k
- Staff
- 131
- Naught One LtdHarrogate · Manufacture of other furniture
- Revenue
- £23.3m
- Profit
- £1.8m
- Staff
- 89
- HSL Manufacturing LimitedBatley · Manufacture of other furniture
- Revenue
- £23.5m
- Profit
- £957k
- Staff
- 180
- Jay-Be LimitedDewsbury · Manufacture of other furniture
- Revenue
- £19.2m
- Profit
- £150k
- Staff
- 183
- Home Decor GB LimitedSheffield · Manufacture of other furniture
- Revenue
- £25.7m
- Profit
- £1m
- Staff
- 140
- Soane LimitedLondon · Manufacture of other furniture
- Revenue
- £18.4m
- Profit
- £1.4m
- Staff
- 117
Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £664k), from the Companies House accounts bulk data published Sep 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.